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Which of the following assets, held by a retail business, IS a 1231 asset? A. A machine used in the business and held less than

Which of the following assets, held by a retail business, IS a 1231 asset?

A. A machine used in the business and held less than one year.

B. A factory building used in the business and held more than one year.

C. Inventory.

D. Accounts receivable.

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